Unsecured Business Loan

The Unsecured Business Loan issued only by the borrowers credit worthiness rather than by any type of collateral.The terms of such loans including approval and receipt are therefore more often contingent on the borrowers credit score and business profile of the borrowers.The individual or business which intends to apply for a unsecured business loan must have a good vintage business setup among other parameters to ensure that the borrowers have the ability to service the loan. Unsecured Business Loan in India is provided by Banks and NBFC,The rate of interest charged by the banks are lower than the NBFC.Normally the business loans are taken to meet the working capital requirements or for business expansion purposes.

Mymoneymarkt in association with almost all the private banks,MNC banks and NBFC brings a wide range of options to suit your requirements.